Bought with Peter Meyer • Meyer & Meyer Realty
$1,100,000
$1,200,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
5 WINSTON AVE Wilmington, DE 19804
7,405 Sqft Lot
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision Richardson Park
MLS Listing ID DENC2100924
Sold Date 08/18/26
Year Built 1950
Annual Tax Amount $6,205
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 75.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Conveniently located just outside the city of Wilmington on public transportation, this apartment building is a steady cash flow property to add to your real estate portfolio. Current owner has managed this building for over 30 years. You have eight one bedroom apartment with separate utilities, off street parking for each unit, washer and dryer area for convenience and extra income and three of the units have recently been updated in the last 18 months. Tenants have been selectively screened, no late payment issues. If you are looking for a great property that is next to Richardson Park just outside the city, this is the one. Easy to view, call for your private tour today !!!!!
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning NC5
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Natural Gas Available, Electric Available
Water Access N
Roof Type Asbestos Shingle
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 07-043.10-330
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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